Industry

Industry refers to the collection of businesses and organizations involved in the production of goods or services within an economy. It encompasses various sectors, such as manufacturing, agriculture, construction, and services, characterized by their processes, technologies, and products. Industries generally operate under specific standards and regulations and contribute to economic activities by creating jobs, generating income, and facilitating trade. The term can also refer to the overall economic system in which these businesses function, including their role in innovation, competition, and global supply chains.